Why you need a Deed of Adherence (or Accession) to bind new shareholders?

What happens when you a have a Shareholders Agreement and all the Shareholders signed it but now you want to introduce a new Shareholder?

Well, you will want the new Shareholder to be bound by the existing Shareholders Agreement. You can quickly and easily achieve this by having the Company and the new Shareholders sign a Deed of Adherence to the Shareholders Agreement.

This a convenient solution for adding a new shareholder and does not require all of the initial Shareholders to re-sign the Shareholders Agreement. You simply add one more Shareholder by way of them agreeing to abide by the existing Agreement.

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Add a new Shareholder to an existing Shareholders Agreement. DIY, it only takes 5 minutes. No Lawyer's Fees!

Deed of Adherence to Shareholders Agreement Template

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Why you need a Deed of Adherence (or Accession) to bind new shareholders?
What happens when you a have a Shareholders Agreement and all the Shareholders signed it but now you want to introduce a new Shareholder? Well, you will want the new Shareholder...
When to use Legal Zebra's Deed of Adherence Template
This Deed of Adherence Template can be used for most Companies with an existing Shareholders' Agreement. You can use Legal Zebra's downloadable Template to put a basic legally b...
When to get a lawyer to help with your Deed of Adherence?
This Deed of Adherence Template can be used for most Companies with an existing Shareholders' Agreement. You can use Legal Zebra's downloadable Template to put a basic legally b...